How many stock brokers you have and for what purposes?

[m4b]

Used to place delivery orders on Kite (Zerodha)
Previously used Smallcase
ET Money was my first broker for mutual funds, now I switched to Paytm Money
Dhan for FNO and market research
Sensibull for FNO hedging strategies and market research
IND Money for US stock (stopped now)
About to open Interactive Brokers to do global ETFs (stopped)
Mutual Fund Research Tools as of now
MoneyControl
Value Research

 

[abhiver]

Groww has brokerage of 0.05% or 20₹
Dhan has Zero
Fyers has zero
whereas
Upstox has 2.5% brokerage even DP charges is 18.5₹

This is why I feel it expensive..

For Upstox, it is either Rs. 20 or 2.5%, whichever is low.

and yes if Dhan is Zero then it is more beneficial.

 

[Pradumya]

https://www.technofino.in/community/threads/resources-for-investment-analysis.27485/

Provide your inputs if any.

 

[SAS]

I have the following accounts
1. kite
2. angel one
3. groww
4. fyers
5. 5paisa
6. paytm money
7. icici direct (WM acnt)
8. kotak securities
9. upstox
10. coin (for mutual funds)
now this AU RM is begging me to open some investment account .

 

[mayank_i]

For mutual funds can we directly buy them from bank's net banking without a demat account? I don't want to open trading accounts in banks too

 

[Pradumya]

now this AU RM is begging me to open some investment account .

It will open account in Motilal Oswal. AU doesn't have its own broking licence.

 

[Pradumya]

For mutual funds can we directly buy them from bank's net banking without a demat account? I don't want to open trading accounts in banks too

Buy it from AMC website or CAMS

 

[Vasuki]

I have the following accounts
1. kite
2. angel one
3. groww
4. fyers
5. 5paisa
6. paytm money
7. icici direct (WM acnt)
8. kotak securities
9. upstox
10. coin (for mutual funds)
now this AU RM is begging me to open some investment account .

Bro got @doraemon syndrome of account collection

 

[sourpai]

I have the following accounts
1. kite
2. angel one
3. groww
4. fyers
5. 5paisa
6. paytm money
7. icici direct (WM acnt)
8. kotak securities
9. upstox
10. coin (for mutual funds)
now this AU RM is begging me to open some investment account .

What is ICICI direct VM account? Any special benefits over regular ICICI direct account?

 

[SMS91]

Have Zerodha, Groww, or Angel One ever sent any communication through post/courier when opening an account or afterward? I am thinking of opening a demat account for a long time, but I plan to shift to a rural place while keeping my current address.

 

[sparkit]

Have Groww,
Share.Market by PhonePe,
HDFC Sky ( submitted closure form already)

 

[SSV]

What is ICICI direct VM account? Any special benefits over regular ICICI direct account?

There is no special ICICI direct WM account..
It is a normal ICICI direct account opened by a ICICI Wealth Management (WM) SB account holder…
It actually gives you ICICI direct priority circle automatically..

 

[Batman]

This thread appears to be hot. I'll ask my questions here -

1. Please suggest broker for FnO that also provides standard interest (3% per annum) on the margin. Meaning that it deducts margin directly from bank account.

At the moment, I use Zerodha but it doesn't offer any interest. Moreover, adding funds could be troubling in times of heavy traffic like 4 June.

2. Does anyone here know people at Morgan Stanley? I have international stocks with them as broker, and need some help.

Edit: I already have HDFC Imperia and ICICI Wealth savings accounts, if that helps.

 

[Pradumya]

Have Zerodha, Groww, or Angel One ever sent any communication through post/courier when opening an account or afterward? I am thinking of opening a demat account for a long time, but I plan to shift to a rural place while keeping my current address.

No. Unless you opt for physical statements, they won't send anything via courier.

 

[SSV]

Have Groww,
Share.Market by PhonePe,
HDFC Sky ( submitted closure form already)

Please Let me know how the closure request gone thru once you have some update..
I also want to close it.. never done any trades

 

[Vasuki]

Does anyone here know people at Morgan Stanley? I have international stocks with them as broker, and need some help.

For this you need funds in crores

 

[SSV]

What is ICICI direct VM account? Any special benefits over regular ICICI direct account?

There is no special ICICI direct WM account..
It is a normal ICICI direct account opened by a ICICI Wealth Management (WM) SB account holder…
It actually gives you ICICI direct priority circle automatically..

More details about ICICI direct priority circle here..

https://www.icicidirect.com/idirectcontent/ProductService/pc_exclusive.aspx

 

[sparkit]

Please Let me know how the closure request gone thru once you have some update..
I also want to close it.. never done any trades

Sure. It’s done online only through e-sign . But waiting for update from their side.

 

[Batman]

For this you need funds in crores

Haan my employer did have those stocks in crores, with MS as our broker.

They should entertain my request. Unfortunately, their Support staff in India is largely absent. That's why I need help.

 

[vine]

I will try Dhan soon and close HDFC Sky..

Keep ICICI direct as back up...

ICICI direct has high charges. I closed mine and got Upstox. Zerodha is another good option.